KARACHI, Pakistan Dec 27 Pakistan expects to
secure soft loans from China of about $1 billion this week for
three road projects in the China-Pakistan Economic Corridor
(CPEC), a Pakistani official said on Tuesday.
The roads lie on the western route of CPEC, a $55 billion
network of roads, rail links, power plants and other
infrastructure connecting western China to Pakistan's southern
port of Gwadar.
They include roads from Raikot to Thakot, Yarik to Zhob and
from Basima to Khuzdar, Ashraf Zaman, spokesman for Pakistan's
National Highway Authority (NHA) told Reuters.
Zaman said a deal was reached with the Chinese to finance
the three additional roads in November.
"Hopefully, agreement will be signed between the two
countries in this regard in China-Pakistan Joint Cooperation
Committee (JCC) meeting to be held on Dec. 29 in Beijing," he
(Reporting by Syed Raza Hassan; writing by Asad Hashim; editing
by Andrew Roche)